I like your phrasing "economic ladders." What do you see as the specifics here?
Education costs. Also the quality of that education itself. The red tape around starting a business. Hiring practices and the ease of applying for a job, what is affordable with an entry level job, the price of homes, the price of... everything.
The dollar amount we earn hasn't kept up with inflation, but the $30,000 house those boomers bought when they were in their 30s is now a $100,000 - $300,000 house. Or a million dollar house if it's in the right location. Can you imagine that? Buying a house your 30's that paid off in five years, and waking up aged 65, and now you're an asset millionaire, through no effort of your own?
The boomers had easy access to prosperity, and every cutback since then has been at the level where it sacrifices the prosperity of the young to maintain the living standard of those born before 1965 or so.
Boomer end of life is going to be a major cluster fuck.
It already is, and it's only just beginning. The pressure their twilight years will put on society is going to get worse and worse for at least another 20 fucking years if not longer, before even half of them are gone.
Milennials watched their futures vanish in 2008. Zoomers are watching their futures vanish in this pandemic. Just as things never went back to the way they were before 2008, things are never going back to the way they were before 2020.
We are going to see massive changes in the very near future, and it will all be about making boomer retirement as comfortable as possible, and damn everybody else.
Education costs. Also the quality of that education itself. The red tape around starting a business. Hiring practices and the ease of applying for a job, what is affordable with an entry level job, the price of homes, the price of... everything.
The dollar amount we earn hasn't kept up with inflation, but the $30,000 house those boomers bought when they were in their 30s is now a $100,000 - $300,000 house. Or a million dollar house if it's in the right location. Can you imagine that? Buying a house your 30's that paid off in five years, and waking up aged 65, and now you're an asset millionaire, through no effort of your own?
The boomers had easy access to prosperity, and every cutback since then has been at the level where it sacrifices the prosperity of the young to maintain the living standard of those born before 1965 or so.
It already is, and it's only just beginning. The pressure their twilight years will put on society is going to get worse and worse for at least another 20 fucking years if not longer, before even half of them are gone.
Milennials watched their futures vanish in 2008. Zoomers are watching their futures vanish in this pandemic. Just as things never went back to the way they were before 2008, things are never going back to the way they were before 2020.
We are going to see massive changes in the very near future, and it will all be about making boomer retirement as comfortable as possible, and damn everybody else.